Thailand Property Transfer Fees and Taxes

A property budget needs an itemised transaction estimate as well as a purchase price. Transfer registration, mortgage registration, seller taxes and condominium settlements have different rules. Adding several percentages to the asking price does not establish what a buyer must pay.

Identify the correct calculation basis

An asking price is the seller's quotation, a sale price is the agreed consideration, and an official appraised value is used for relevant registration or tax calculations. For each charge, record the basis, rate, amount, payer and payment date.

The ordinary sale-transfer registration fee is generally 2% of the official appraised value, subject to any applicable reduction. Record the parties' allocation in the contract and check mandatory rules that may apply to the transaction or seller.

Check the current reduction carefully

The Department of Lands describes a 0.01% transfer and qualifying simultaneous mortgage registration fee for eligible Thai natural persons and specified residential, commercial-residential and condominium transactions. The published period runs from 1 July 2026 to 30 June 2027. Both sale price and appraised value must not exceed 7 million baht; the mortgage amount is also subject to a 7-million-baht limit and other conditions.

This is not a reduction for every buyer or property. A foreign buyer cannot claim this Thai-national measure solely because the price is below the threshold. Ask the responsible Land Office to confirm eligibility, property type and registration conditions. Lower registration fees do not automatically remove taxes.

Assess seller taxes separately

Where applicable, specific business tax is generally 3.3% of its assessment basis, including the local surcharge. Liability depends on seller status, acquisition, holding circumstances and exemptions; a five-year test alone does not resolve every transaction.

Stamp duty is generally 0.5% of its relevant basis where applicable. A transaction subject to specific business tax is generally exempt from the corresponding stamp duty. Withholding tax differs for individual and corporate sellers; individual calculations also depend on appraised value, acquisition and years held. Obtain a calculation based on actual documents.

An example limited to the transfer fee

Assume a hypothetical condo has both sale price and appraised value of 3 million baht. At 2%, the registration fee is 60,000 baht. If all conditions of the 0.01% measure are met, it is 300 baht. Neither figure includes withholding tax, business tax, stamp duty, mortgage charges or other costs.

If a valid written agreement divides the ordinary transfer fee equally, each party pays 30,000 baht in that example. Do not assume equal sharing without checking the agreement and applicable law. The example does not make a foreign buyer eligible for the reduction.

Obtain the settlement schedule before transfer

Also check loan redemption and discharge, common-fee arrears and prepayments, legal work, bank and exchange costs, agency fees and agreed repairs. Identify who pays each item and retain calculations and official receipts. Final amounts must follow the applicable rules and the responsible authority's assessment.

Sources and review date

Reviewed on 4 November 2026. Hypothetical figures illustrate comparisons or calculations, not particular listings or market quotations.

• Thailand government: condominium ownership

• Department of Lands: registration-fee reduction

• Revenue Department: property-sale taxes

Continue with Buying Property in Chiang Mai as a Foreigner to prepare your next step.